Economics/ Urbanization Quiz

What is urbanization?

• The movement of people from rural to urban areas

• The decrease in industrial activity in a region

• The process of becoming self-sufficient in agriculture

• The increase in the world's population

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DOK Level 1: Recall

Who is known as the father of capitalism?

• Karl Marx

• Adam Smith

• Friedrich Engels

• John Maynard Keynes

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DOK Level 1: Recall

What is the main idea of socialism?

• Private ownership of production

• Free market competition

• Public or collective ownership of the means of production

• The invisible hand guiding the economy

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DOK Level 1: Recall

Which of the following best describes Karl Marx's view on society?

• Societies progress through class struggle

• Societies thrive on free trade

• Societies benefit from minimal government intervention

• Societies should focus on individual entrepreneurship

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DOK Level 1: Recall

How does urbanization impact society according to most sociologists?

• It decreases population density

• It leads to a more equitable distribution of resources

• It increases economic opportunities but can also lead to environmental and social challenges

• It reduces the need for public services

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DOK Level 3: Strategic Thinking

What is a key principle of capitalism?

• The government controls the means of production

• The means of production are owned by private individuals

• Wealth should be distributed equally among citizens

• Economic activities should be planned by the state

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DOK Level 1: Recall

In what way did Adam Smith and Karl Marx fundamentally disagree?

• The role of the government in economic affairs

• The importance of agriculture

• The impact of industrialization on society

• The nature and future of capitalism

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DOK Level 3: Strategic Thinking

What effect does capitalism typically have on society?

• It leads to a classless society

• It promotes economic equality

• It can increase economic disparities between different social classes

• It decreases the wealth of the nation as a whole

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DOK Level 2: Skill/Concept

Which of the following is a characteristic feature of socialism?

• Laissez-faire economics

• High levels of income inequality

• Collective ownership of the means of production

• Strong emphasis on individual entrepreneurship

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DOK Level 1: Recall

How did Karl Marx view the relationship between the proletariat and the bourgeoisie?

• As a mutually beneficial partnership

• As a necessary step towards a classless society

• As an exploitative relationship that should be overthrown

• As irrelevant in the modern economy

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DOK Level 3: Strategic Thinking